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Tradinghalt

Bottom Still Not InOversold it is, higher it must climb, until lower it gets again. Bounce coming- likely. Bull run again- unlikely imo. Every bottom lifts VIX to >40 and true capitulation usually triggers trading halts. Didn't see these yet; not done. Bear markets are not quickie corrections that serve as dips to buy. They grind on for months or years, median 17 months. Don't expect any monster rallies although a summer rally is likely before the real bear growls in September.
TVC:SPXShort
by DaddySawbucks
47
FGR - POSITIVE NEWS INBOUND?First Graphene Limited - Currently in a trading halt, and coming into the new week with positive news could see them break this descending triangle and break the 12 month downtrend. 1. More positive news out of the trading halt will see buyer momentum and volume return to the market. -Increased Volume & Momentum -Double Bottom off .382 Fibs (Strong reversal) -Break Descending Triangle & Test Descending Broadening Wedge -MACD close to a Golden Cross -Potential 20% push pending break Broadening Wedge 2. News isn't enough. Sellers continue the squeeze into the corner and push price below strong support a 0.12 -Descending Triangle completed -MACD spreads without cross -Continuation of Broadening Wedge confirms -RSI will return to OverSold region -Fall would see a reduction of 30% before Support found With a mission to be the No.1 High Performance Graphene Provider in the World. FGR is on there way with many alliances in many sectors. Graphene is the thinnest material ever isolated, 200x stronger than steel, 20% flexible and 1 million times more conductive than Copper. EYES ON These Ideas are NOT 'Financial Advice'!. Scenarios are based off a mixture of TA and Fundamentals current at the time. All IMO GLTAH. Happy Hunting!!!
ASX:FGR
by Trader_Johnni